NOT LISTED FOR SALE

632 Fayette St Martinsville, VA 24112

Estimated Value: $43,000 - $117,000

2 Beds
1 Bath
1,263 Sq Ft
$73/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $30,000 $24 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $535/month

196 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • No Heating

About This Home

As of January 2024

Office, home, or your own retail space. This property zoned Commercial-Corridor in the historic district of Martinsville, you can let your imagination go wild with the possibilities of uses. Close to all the conveniences. Property is in need a complete rehab. Property being sold AS-IS.

Last Agent to Sell the Property

Cody Williams

Berry-Elliott, REALTORS Brokerage Email: 2766561111, dberry@berryelliott.com License #0225262350 Listed on: 05/23/2023

Last Buyer's Agent

Kitlaly Lopez

The Spencer Group R.E. & Auction License #0225266176

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $373

Year Built

  • Built in 1934

Lot Details

  • 0.34

Home Design

  • 1,263 Sq Ft Home
  • Brick Exterior Construction
  • Metal Roof

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Brick Basement
  • Crawl Space

Utilities

  • No Cooling
  • No Heating
  • Cable TV Available

Additional Features

  • Porch
  • 0.34 Acre Lot

Community Details

  • Martinsville Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$373

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Martinsville
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1934
  • Attribution Contact: 2766561111, dberry@berryelliott.com
  • Special Features: None

Interior Features

  • Appliances: As Is, None
  • Other Equipment: No Farm Equipment
  • Has Basement: Brick, Crawl Space, No Inside Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None, See Remarks
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Living Area: 1263

Exterior Features

  • Waterfront Features: No Surface Water, Other Surface Water
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Water Available, Sewer Available, Cable Available, Utilities Off
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 15000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Dec 29, 2023
Sold by
Carter Teresa
Bought by
Gomez Silvia Duran
Seller's Agent
Cody Williams
Berry-Elliott, REALTORS
Buyer's Agent
Kitlaly Lopez
The Spencer Group R.E. & Auction
List Price
$40,000
Sold Price
$30,000
Premium/Discount to List
-$10,000
-25%
Views
1235
Current Estimated Value
$92,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,481
Avg. Annual Appreciation
82.66%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gomez Silvia Duran $30,000 Virginia Title Center
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2024 01/07/24 Off Market $40,000 -- --
01/03/2024 01/03/24 Sold $30,000 -25.0% $24 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $40,000 -- $32 / Sq Ft
Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $373 $37,700 $5,900 $31,800
2023 $373 $42,400 $5,900 $36,500
2022 $339 $32,600 $5,900 $26,700
2021 $339 $32,600 $5,900 $26,700
2020 $319 $30,000 $6,000 $24,000
2019 $319 $30,000 $6,000 $24,000
2018 $337 $30,900 $6,000 $24,900
2017 $328 $30,900 $6,000 $24,900
2016 $346 $32,600 $6,000 $26,600
2015 $346 $32,600 $6,000 $26,600
2014 $374 $35,200 $6,000 $29,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 139365

APN: 000115900